Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 5 |
Acreage buckets
The median price for land in Albany, Indiana is currently $73K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $47K.
Albany, Indiana is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Albany, Indiana currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Albany, Indiana is 5.6%. The 12-month rate is 6.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Albany, Indiana typically sells within 74 days of listing. The median time on market is 11 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Albany, Indiana averages $75K per acre. The median price per acre is $73K, which may be more representative of typical transactions. Most parcels sold are around 13,504 sq ft.
Over the past 12 months, Albany, Indiana saw 5 properties sold, totaling $165K in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
